The U.S. 10-year Treasury was slightly lower on Wednesday as investors await economic data and take stock ahead of the New Year.
The yield on the 10-year Treasury dipped by a basis point to 4.112% at 4:10 a.m. ET. The yield on the 2-year Treasury was also last seen roughly 1 basis point lower at 3.446%.
Yields and prices move in opposite directions. One basis point equals 0.01%.
On the data front, jobless claims for the week through to Dec. 27 will be published at 8:30 a.m. ET.
It marks the final data release of 2025, with investors set to scrutinize the figures for any further clues on the Federal Reserve’s monetary rate path.
The Fed on Tuesday released minutes from its divided Dec. 9-10 meeting, which concluded with a vote to lower interest rates again that appeared to be an even closer call than the final vote indicated.
U.S. stocks held slightly negative following the release. Traders slightly raised bets that the Fed would cut again in April.
— CNBC’s Jeff Cox contributed to this report.
